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HSBC expected to tap US dollar sweet spot

Published Sun, May 8, 2016 · 09:50 PM

New York

HSBC could bring a large Additional Tier 1 trade as early as next week, potentially following Barclays into the US dollar market after its successful subordinated bond, market sources told IFR.

If HSBC chooses to issue in dollars, the deal would be the year's first AT1 issue from a UK bank in that currency.

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